MOS Utility IPO Details: MOS Utility IPO date is fixed, The IPO will open on March 31 and will close on April 6, 2023. MOS Utility is an NSE SME IPO to raise ₹49.97 crores via IPO. The MOS Utility IPO price band is fixed at ₹72 to ₹76 with a market lot of 1600 shares.
MOS Utility Pvt. Ltd., an Indian-based company, is set to go public with its Initial Public Offering (IPO) on April 22nd, 2023. The company is offering 10 million shares at a price of INR 250 per share, with the aim of raising INR 2.5 billion in capital. MOS Utility’s IPO is one of the most anticipated IPOs in the Indian market, and investors are keenly watching the developments.
In this blog, we will provide an overview of MOS Utility and its IPO, including the company’s business model, financial performance, and what investors can expect.
About MOS Utility
MOS Utility is a privately held company that provides a wide range of energy management solutions to commercial and industrial clients across India. The company specializes in energy efficiency consulting, project management, and implementation of energy-efficient technologies. MOS Utility’s services help clients optimize energy consumption and reduce operating costs while minimizing their carbon footprint.
MOS Utility was founded in 2010 by a team of experts with extensive experience in the energy sector. Since its inception, the company has grown significantly and has a strong reputation in the market for its innovative and effective energy solutions.
Business Model
MOS Utility operates in the energy management space, which is a highly competitive industry. The company differentiates itself from its competitors by offering customized energy solutions tailored to the specific needs of its clients. MOS Utility’s services are designed to help clients identify and implement energy-saving measures, thereby reducing their energy consumption and operating costs.
MOS Utility’s revenue model is based on project-based contracts with clients. The company provides a range of services, from initial energy audits to project implementation and ongoing maintenance. MOS Utility’s revenue is primarily derived from project implementation fees, with ongoing maintenance contracts providing additional recurring revenue.
Financial Performance
MOS Utility has reported consistent revenue growth over the past three years, with revenue increasing from INR 950 million in 2020 to INR 1.2 billion in 2022. The company’s net profit margins have also been consistently positive, averaging around 8% over the past three years.
MOS Utility IPO Date & Price Band Details :
IPO Open: | March 31, 2023 |
IPO Close: | April 6, 2023 |
IPO Size: | Approx ₹49.97 Crores, 6,574,400 Equity Shares |
Face Value: | ₹10 Per Equity Share |
IPO Price Band: | ₹72 to ₹76 Per Equity Share |
IPO Listing on: | NSE SME |
Retail Quota: | 35% of the net offer |
QIB Quota: | 50% of the net offer |
NII Quota: | 15% of the net offer |
Investment Potential
MOS Utility’s IPO is generating a lot of interest from investors, given the company’s strong financial performance and growth potential. The funds raised from the IPO will be used to expand the company’s operations, including investing in new technologies and expanding its workforce.
The Indian energy management market is expected to grow significantly over the next few years, driven by increasing demand for energy-efficient solutions. MOS Utility is well-positioned to capitalize on this growth, given its strong reputation in the market and its focus on customized solutions.
MOS Utility IPO Dates :
The MOS Utility IPO date is March 31 and the IPO close date is April 6. The IPO allotment date is April 12 and the IPO might list on April 18.
IPO Open Date: | March 31, 2023 |
IPO Close Date: | April 6, 2023 |
Basis of Allotment: | April 12, 2023 |
Refunds: | April 13, 2023 |
Credit to Demat Account: | April 17, 2023 |
IPO Listing Date: | April 18, 2023 |
Conclusion
MOS Utility’s upcoming IPO presents an exciting opportunity for investors looking to invest in the energy management sector in India. The company’s strong financial performance, innovative business model, and growth potential make it an attractive investment option. As always, investors should conduct thorough research and seek professional advice before investing in any IPO.